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Credit Investor Presentation

RWE's credit & financial strength Key Messages - Delivering growth and value Green investments 2021 - 2030 €30bn net cash investments >90% EU taxonomy- aligned Stable & sustainable earnings ん 70% secured/ contracted cash-flow; strong earnings outlook. 12+ years Avg. support tenor Strict balance sheet management Commitment to strong investment grade rating Long-term target leverage factor of ≤ 3.5x S Robust liquidity management €21bn bank facilities €5bn + $3bn Commercial Paper & €10bn Debt Issuance Prog. RWE August 2023 Credit Investor Presentation Page 25
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